DON’T Day Trade until You Know These 10 RULES (Beginners Guide)

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Craig Percoco

Craig Percoco

Күн бұрын

In this video I'll outline the 10 most important day trading rules I've learned from my 7 years of trading. These tips will ensure that you're on the fastest path to CONSISTENCY.
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Video Chapters:
0:00 - Intro
0:33 - Profitable System & Backtesting
2:30 - Good Vs Bad Trades
3:40 - Start Small
4:32 - Don’t Over Trade
5:42 - Avoid Confirmation Bias
6:55 - Focus On 1 System At a Time
8:18 - Uniform Risk Each Trade
10:43 - Don’t Take Profits Early
12:15 - Don’t Demo Trade For Too Long
13:04 - Be HUNGRY & Practice
Socials:
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Business Enquiries: craig@highperformers.io
Disclaimer:
The content covered on this channel is NOT to be considered as any financial or investment advice, it is for entertainment purposes only. Links and products in this video generate affiliate commissions for Craig Percoco. Compensation is received from Public for sponsored materials. Craig Percoco is part of an affiliate network. Futures and crypto trading are highly risky, not for everyone. Loss exceeds initial investment. Use risk capital, considering financial security. Past performance does not equal future performance. Always assess risks before trading. Trading may incur additional fees. If you disagree with these terms please leave the channel immediately.
#daytrading #onlineincome #trading

Пікірлер: 342
@craig_percoco
@craig_percoco 9 ай бұрын
📈 Join My FREE Crypto Training: bit.ly/44Yasxp 📊 Crypto Trading Course/Private Team: bit.ly/44gFOOn 🦁 Trade on Bybit (referral code): bit.ly/3FZEtSa ⚡ Free Crypto Discord Community Access: bit.ly/44ilQCU 🧪 Trade Resources: bit.ly/3E3D6kN
@abhishekbhoi381
@abhishekbhoi381 9 ай бұрын
Background is killing 🔥
@mohdsohail1792
@mohdsohail1792 9 ай бұрын
Sir already I join course but for other member I request
@joeglennjarrett
@joeglennjarrett 9 ай бұрын
There is no volume on inevitrade free training course
@mattalogue
@mattalogue 9 ай бұрын
This video is great. I’m fairly new and have already made most of these mistakes. Obvious when you spell it out but so easy to do when ur unaware.
@usmanbashir95
@usmanbashir95 9 ай бұрын
I love back testing and demo❤❤
@Mutahir357
@Mutahir357 9 ай бұрын
I love back testing part and demo❤
@idealmutahir1126
@idealmutahir1126 9 ай бұрын
I love your back testing and demo❤
@teamyoutube8502
@teamyoutube8502 9 ай бұрын
I love back testing and demo part❤
@26mushon
@26mushon 9 ай бұрын
Spot on! I literally joined the course less that 24 hours ago. Can't wait for the class today.
@brentwilborn5377
@brentwilborn5377 9 ай бұрын
Appreciate the suggestions for consistent and measurable trade risk and trade amounts.
@VIRAL-SHORTS888
@VIRAL-SHORTS888 9 ай бұрын
Hey Craig , great video buddy, your a great speaker and teacher! i am very interested in getting some further training via your 3 winners. I am a beginner trader and i like that way you break down you methodology and the lessons of knowledge you have learned along the way. These 10 tips are so helpful for trading and i liked the video alot and here are my favourite parts. 1. back testing - finding out what works and what doesn't to receive data set points for improving your trades. 2 good and bad trades, i admired the psychology of your greed analysis when traders make trades and convince themselves its a good trade just to enter the market. 3. start small, very wise entering small uniformed trade then to scale once your sharpened your skills. I also like the explanation about trading the same amount to scale 1-3 ratio over time to become profitable. 4 overtrade - don't try to cover loses is a great point, no emotional trading lol. 5. avoid bias , don't convince yourself it is a good trade when maybe its just the TA factors haven't lined up. 6. 1 system , is another valid point because i have been looking everywhere and getting lost and i needed a focus point with system that i can profit from daily and not get lost within the web of trading. 7. uniform risk, i watched another video when you explained the 100 trades 65 loss 35 wins is 37 percent above if you bet with the same amount of risk say example 1 percent of your portfolio per trade. great motivation. Its about being profitable over time and getting better at finding winning trades via scaling your profits as your performance gets better. 8. Dont take the profits early as the ratio will end up losing you money, must always stay uniformed. great strategy. 9 DEMO - the good out of the is to start understanding of betting real funds and real risk. 10. Please brother give the course to me i am so keen to learn from you. i have all the time i need and 1000 percent committed. i have just started my journey trading but i have been in the market 3 years without trading, time to dive deep in and learn and grow along the way. cheers my guy have a good one. yew
@myzongaming6959
@myzongaming6959 9 ай бұрын
I love back testing ❤❤❤
@Talkstorywithdannyandkay
@Talkstorywithdannyandkay 9 ай бұрын
Hi Craig, I’m in your awesome Trading Course now and I love it. My favorite part of this video is about being consistant with your process and trading rules.
@Basserd
@Basserd 9 ай бұрын
My favorite thing you discussed really was about focussing on 1 system at a time. As a beginner trader I’m getting overwhelmed with all kinds of systems/ strategies from watching hundreds of yt video’s (fyi big fan of your systems, took a lot of notes) and from reading forums and books. I fell into the exact trap you were talking about; backtesting multiple system simultaneously. I would greatly appriciate getting access to the trading education and be part of the private trading team. That would give me a scope to fully focus on.
@sindristefansson3186
@sindristefansson3186 9 ай бұрын
I've watched props-by all of your videos and Instagram stories and reels. Absolutely love it and I'm already in the free group. Would love to take your course!! Looking forward to the next video.
@DeSousm
@DeSousm 9 ай бұрын
It's tough to talk about 1 favourite thing that you've talked about in this video as you have so much content all with valuable lessons in one way or another. I think the big things that I have taken away from you is the backtesting. This will really help you get a good idea on 1 if you understand that strategy that you are trying to apply because you should see some consistency, and 2 you'll be able to see if that consistency is going to make you into a profitable trader. For me I have watched as many of your videos as possible to start to understand the 35A trading strategy which sent me into a dark hole of reading about Elliott Wave theory and have been back testing to see if I am applying it properly. Appreciate your videos and guidance. Would love to come on board as a premium member with you. I already get a lot of value out of the discord so who knows what more there is behind the closed doors :D
@craig_percoco
@craig_percoco 9 ай бұрын
Thank you very much!
@toddraffaelli5950
@toddraffaelli5950 9 ай бұрын
By far is the differences between a winning trade/good and a losing trade/bad trade. Solid rules sir. TY.
@peterklopperphotography1150
@peterklopperphotography1150 7 ай бұрын
Grateful for all the content, I've started back testing, recording and documenting my trades from now on. Thanks for the video! It's going to be a game changer in my trading system.
@owasezxk
@owasezxk 9 ай бұрын
I don't think people are giving truthful information on youtube, but you're the one who gives useful information and which helps a lot, and the best part of this video was "Don't Demo Trade For Too Long".
@mikep1546
@mikep1546 6 ай бұрын
Very good info. Best I've heard. So far.
@olanrewajuayotunde8265
@olanrewajuayotunde8265 9 ай бұрын
And my best part is Number 7. Keeping my risks uniform, Thank you so much for this
@sylvanusemegbualili8266
@sylvanusemegbualili8266 9 ай бұрын
I've always been used to the "take the profits while you see them" kind of mentality, hearing you talk about it just clicked with me because most of the times, the reversals that'll make you come out of a markets turn out to be pull backs, then the market just continues in the original direction up to the targets and those are always frustrating. Thank you Craig, amazing tips here🙏
@craig_percoco
@craig_percoco 9 ай бұрын
Love that perspective. This is one thing that was one of my biggest struggles. Glad you liked it.
@MrTiz31
@MrTiz31 9 ай бұрын
Slick video. I really appreicate you talking about the back testing and risk management side of things. So many crypto “gurus” skip the important shit.
@lukeofmagog4352
@lukeofmagog4352 9 ай бұрын
Recently found this page, great stuff. Trying to find the video that you pointed out where to place your stop so you stop out before liquidation.
@ChristiiRey
@ChristiiRey 9 ай бұрын
Hi Craig, I went through all your stocks accelerator videos and learning, so I knew a lot about your tips already. My favorite part of this, was rule #7, why not to risk random dollar amount. Your videos and trading in the zone has helped me a lot - make me believe that I can do this! Thank you.
@legendarylfx
@legendarylfx 9 ай бұрын
This video gives me hard slap truth, I'm trading for almost 5 years now using SMC strategy is great but when I learn about your 35A setups now I'm learning myself about EW and this August my port been up for profits, thanks to you Craig. And the best thing I ever seen in KZfaq that you talk about the win rate, even 35% WR you still profitable when you get 1:3 setups but the thing is the 35A setups gives you more than that and that's why I really love it. This video can make someone be profitable when they feel it, like me I understand that trading is a business so I need to treat this as a business. Hardwork is the Key. Back testing Journal my trades Proper risk management ( Uniform Risk ) Strategy that is proven I'll be successful someday! Cheers 🥂. Hope you notice me Craig, love to be your student
@sergiocesardossantoslivram6609
@sergiocesardossantoslivram6609 9 ай бұрын
Great video 💯💯💯 thanks!!
@poonstyle1493
@poonstyle1493 9 ай бұрын
This video is extremely helpful. Me as a full beginner, i saw Craigs channel and i fell in love with it. The way he explains everything and shows his own journey is priceless... For me, i cant afford a course right now, so im saving up money for the course so i can learn everything with craig. I am a big 35A fan hahah, been using it on paper trading and backtesting for 39% winrate, if calculating, i AM making profit, but still im in learning phase and i dont want to rush it. Im sure everyone who is following this channel will learn a lot of helpful things. Love to yall!
@craig_percoco
@craig_percoco 9 ай бұрын
Amazing!!! Im proud of you.
@CryptoSpirituel
@CryptoSpirituel 9 ай бұрын
The rue that stuck with me the most was definitely DO NOT TAKE PROFITS EARLY. I have been using multiple TP's for awhile now and although the initial trades are 1:4 I never end up getting that full 4% on the trade. I'll start back testing with the template you provided to see what I am actually missing out on. Thanks for the content!
@prasan524
@prasan524 9 ай бұрын
Hi Craig, I think the best thing for a new trader like me is to learn from someone who has already done the hard work of finding strategies and to have backtested them for months. "You cannot improve what you dont measure" - one of my biggest hurdles lol so def working towards improving on this. Would love to be part of the private team. Appreciate the free position size calculator. Thank you Sir.
@sajidiqbal792
@sajidiqbal792 9 ай бұрын
I think the best thing for a new trader like me is to learn from someone who has already done the hard work of finding strategies and to have backtested them for months. "You cannot improve what you dont measure" - one of my biggest hurdles lol so def working towards improving on this. Would love to be part of the private team. Appreciate the free position size calculator.
@connorharrison6497
@connorharrison6497 9 ай бұрын
another great video Craig . ive been in the crypto game for a few years now . but since finding your videos ive been trading the 35A ( need to know more ) .The thing i love about your videos is the risk to reward but more importantly the solid structure to each trade . knowing when to buy and knowing when to sell . i found myself before all over the place when trading and most the time just running trades. keep up the videos mate and hopefully soon ill get to the point when i can buy your course and master the 35a as im a stay at home dad for awhile due to just becoming a dad.
@dejwidbu
@dejwidbu 9 ай бұрын
For me, it is difficult after a few unsuccessful traids not to close the next one to early, witch is in profit because i want to make up for losses instead of earning. So it’s good that you reminded me of it. Your videos are great, I hope I can join your community.
@mariapons3652
@mariapons3652 9 ай бұрын
New video style! Well done team! And if im late on noticing, i have been off for a while.
@groovylouu
@groovylouu 9 ай бұрын
Been here watching you for awhile. Taking my trades here and there and peeping in the discord. One thing I've always enjoyed was your honesty! I really enjoyed the new indicator you added. I'm trying to add it nut no luck.. I wanna learn more.. Here for it.
@craig_percoco
@craig_percoco 9 ай бұрын
Use the resources document, you can snag it in there.
@atillabasara6415
@atillabasara6415 9 ай бұрын
Rule# 8. I've been trying to practice your methods and TAs just via your YT videos. Obviously it's not the full lessons I would get from your course, but I've been finding that I exit profits too early. I.e I expect the profits in that same day, but when i come back to Trading View the next day, the charts have hit my price target, but I had already taken the exit too early for a small profit. ( on a demo account). Thanks for another awesome video, Craig!
@aivis4449
@aivis4449 9 ай бұрын
This is a great list, thanks, man! The most valuable take for me is to stop being greedy and holding trades for too long. As well as being too afraid and not letting it hit that TP.
@rideltalde1564
@rideltalde1564 9 ай бұрын
I don't know how or what should I say but, your channel really helped me a lot, I'm glad that I found this channel. I'm hoping to be part of your private community in the future, right now I will focus on my consistency and self descipline. Thank you very much, Craig!
@mr.mutahir4269
@mr.mutahir4269 9 ай бұрын
I love back testing part❤❤
@TraderMaerifa
@TraderMaerifa 9 ай бұрын
The most valuable part has to be “focus on one system”. I was so anxious about over analysing my charts and trying to do 5-6 different systems every day. At some point I started loosing faith wanting to quit. But man by the time I cleared my head, simplify my ta, find 2-3 strategies that suits my own style and winning trade over trade, Absolutely amazing feeling! Even when being wrong about rr or everything else, when you have the skill and the working setup, you are unstoppable!!!
@Onirion
@Onirion 9 ай бұрын
I really enjoyed this video as a beginner trader, especially the rule about not exiting your position too early. I'm not very confident about my trades yet, but as soon as I make a bit of money I tend to stop my position to be sure. Thank you !
@idealnova1629
@idealnova1629 9 ай бұрын
I love back testing ❤
@Engineersaifullah511
@Engineersaifullah511 9 ай бұрын
Great content as always. I have been following you since I am also an Elliot wave trader but not profitable so far and learning from youtube tutorials and backtesting my setups. I like how you are following the same setup rules for every trade. Due to fear I sometimes change R: R to 1:1 due to which I am only the side at the end. Hopefully, I will refine my strategy and R:R very soon.
@MicYoung
@MicYoung 9 ай бұрын
I think the resources you offer for free the calc and the back testing sheet are pivotal priceless tools! But all of your rules are game changers for anyone that is interested in being profitable!
@Notorious_DKD
@Notorious_DKD 5 ай бұрын
very clever and helpful when it comes to the psychological part of trading thank you
@sezercanpolat1939
@sezercanpolat1939 9 ай бұрын
I like the part about avoiding confirmation bias. Unfortunately I was doing this a lot by twicking trendslines or fibonacci ratios to fit my setup. I understood this when looked back at my journal. I loved the part where you said let the setup come to you. Great videos!!
@joshuafortune3882
@joshuafortune3882 9 ай бұрын
Learning all of this and so much more in depth in the premium discord changed my trading game forever. Appreciate all your hard work for the community and us individually. If i keep growing at the rate i have been since joining i'm very excited about the future :)
@joevirus563
@joevirus563 9 ай бұрын
Love the new video setup !
@craig_percoco
@craig_percoco 9 ай бұрын
Thanks! always trying to adapt and get better
@fave2121
@fave2121 9 ай бұрын
Hey man prefect video for me right now as I absorbed a lot of you videos because I want to start daytrading and still looking into it, I think what I liked the most is the point that you should only use one system in the beginning, this makes sense because so you can master it, also the confirmation bias is something you should not sleep about. great video !
@christopherlewinski4173
@christopherlewinski4173 2 ай бұрын
Craig I've been watching your videos because I'm looking to create a side hustle into a opportunity for freedom. I love how deliberate and systematic you are. It seems this should be the formula for success as a trader. Will continue assessing and when convinced will jump into your system. Bravo!!!!!!!
@mohammadsujon990
@mohammadsujon990 9 ай бұрын
Thank You for motivating me in my trading journey My most favourite part of the video is when you said focus on one system I'm not gonna I have been applying as many systems as I could And my 2nd Favourite thing about this video is don't close trade before it hits the target I did close my todays trade with before it hit the TP Thank you again for all the information all the motivation❤
@jordanearl3164
@jordanearl3164 9 ай бұрын
Another Great video! My notebook is just about full. Love the emphasis on mentality and especially avoiding confirmation bias and revenge trading two of the biggest traps in the game that I am guilty of myself, like most I’d say. Have been studying trade systems the last 6months and this channel has been huge. Keep the content coming!
@rickvanderveer667
@rickvanderveer667 9 ай бұрын
I like the backtesting part the most, since trading itself seems easy to do, untill you actually start doing it and start to apply many strategies that won't work for you on the long run. Normally when you enter a trade, I feel like every normal human being kind off subconsciously think that the trade will go in their favor and therefore you get lost of the strategy that you were supposed to follow. So with backtesting you really need to focus on the strategy, and since there's no money involved in backtesting, emotions can have less affect on performing your strategy. Thank you for the opportunity and great video's!
@huuh0x
@huuh0x 9 ай бұрын
I really enjoy when you are talking about FIBs and risk management, after your videos I'm gaining more self confidence about trading, and studying more and more about it. Thanks for videos, Craig.
@craig_percoco
@craig_percoco 9 ай бұрын
Great to hear!
@rajeevrudra009
@rajeevrudra009 8 ай бұрын
helpful video ... thanks for it
@dougieman62
@dougieman62 9 ай бұрын
Hey Craig. Really appreciate this content, there’s so much out there that focuses on how much money can be made rather than practical steps to learning and highlighting the risks and challenges. I love the tip about being consistent with your risk/reward ratio, never thought about it that way but makes perfect sense and is something I’ll be implementing for sure. Thanks again for the sensible content.
@craig_percoco
@craig_percoco 9 ай бұрын
Thank you !
@mikozaire58
@mikozaire58 8 ай бұрын
Sensational advice. Your course is looking very tempting. You really information clearly and succinctly. Congratulations on your trading and presenting. Fantastic content and support for us traders. Thanks
@lucaspapadeas3438
@lucaspapadeas3438 9 ай бұрын
Didn't even really notice myself over trading till you mentioned it in the video. I would sit down for hours looking at the market taking trades all day long on demo. I would try to find every little 35A I could when in reality it wasn't even there. Great video and great advice going to start implementing it in my day to day. Thanks Craig
@notluckyenough
@notluckyenough 9 ай бұрын
I like the part where you mention confirmation bias. As a beginner I want to convince myself that what I'm charting will work at that moment, but I know that certain charts I have to watch to get to where I want it to go. But still taking in the IT training and rewatching the videos. Thanks for these videos!
@evanasmee7192
@evanasmee7192 9 ай бұрын
Trade your NFT with me I'm available to accept it anytime
@bhajansinghlabana2497
@bhajansinghlabana2497 9 ай бұрын
I liked about you talked something about in this video that no one really talks about which is conformation bias that really happens with most of the beginner traders like me and i find myself lucky that i found your channel about a year ago and extract a pure knowledge about crypto markets!! As always great content and i also love your weekly profits and loss videos and also i like one thing about you by watching you over a year about your transparency with your audience !! Hoping you and your team do good in youtube and the community you have !!!
@craig_percoco
@craig_percoco 9 ай бұрын
Really appreciate that you noticed that. Well written comment.
@shekukonneh9893
@shekukonneh9893 9 ай бұрын
Craig, from processing to quick explaining in 15 minutes all the fundamentals of trading. from leverage, stop loss, and at last our risk and reward ratio. If a beginner were to watch this video here they would definitely know the basics of forex markets, and they would have a rough knowledge on every single thing that they do have to keep in mind while viewing a chart or placing a trade. They would absolutely be ready to begin their journey.
@mehmetozdogan3023
@mehmetozdogan3023 9 ай бұрын
You're totally right about checking too many indicators or so on. Once I do technical analysis using different tech. I am really confused and I couldn't enter any trade!
@JTPHIRI
@JTPHIRI 9 ай бұрын
I love the part about making sure you follows a system, one system until you master it well because the internet has so much information and alot of it looks very good and probably works for them and mastering at once is impossible and it does swallow up alot of a trader’s emotional stamina in the end causing a fall to the drive to try smarter
@frolicjapan8741
@frolicjapan8741 9 ай бұрын
Awesome vid Craig! I have been trading for a year now and OMG everything you mentioned in the video is so true! I especially think that the rule about not taking profits too early and to stick strictly to your RR ratio is my favorite, and one of the toughest psychological challenges to overcome in trading. I am still in the process of being profitable but everthing you mentioned is exactly what I have experienced and learned the hard way thus far. I haved watched all your videos and I just want to say thank you for your generous and invalueable guidance. Keep up the great work!
@silentthawk
@silentthawk 9 ай бұрын
I’m fighting the itch to jump right in, and instead really locking down what the fundamentals are to set up a good foundation. I have zero experience but I’m willing to do what it takes to develop the discipline and patience to be good at trading. Backtesting is what intrigued me the most because like I said, I have no experience and had no idea you can do something like backtesting. I think having this as a tool to analyze and improve is fundamental. Can’t wait to dig in some more.
@tigerentertainments9599
@tigerentertainments9599 9 ай бұрын
Im fairly new at trading and definitely needed to hear a lot of these rules. Two of the rules that stick out for myself the most is definitely over trading and uniform risks, ill have a good 2 or 3 day stretch and then get overconfident and end up risking more than i need to, then when i lose it i try overtrading to make that money back. I think the psychological aspect of trading is something i wasnt expecting to struggle with as much as i have so far and i certainly have a lot more to learn.
@mehmetsoyyuz570
@mehmetsoyyuz570 9 ай бұрын
I am trying to learn to trade. The rule that you are beter of with one strategy is so true. I am still searching for that one and now I feel like drowning with all the information about all the 1000 different trading styles. I am the textbook retail crypto guy, bought at the top, hold on to long, now deep under water, bought different expensive trading courses. Only thing that makes me different maybe is that I still want to learn everyday and love this game.
@kishorbaniya3862
@kishorbaniya3862 9 ай бұрын
Hi craig really love you videos and the way you describe it. I am learning to trade and the mistake i made and i see other making is the same journaling and the position size. If i see i have good wining rates but as you expalined my winning amount are less and losing sizes are bigger if i had made it uniform it could be the changer.
@Nasa.SpaceStream
@Nasa.SpaceStream 9 ай бұрын
🎉i love back testing ❤❤
@syaluuuuu2
@syaluuuuu2 9 ай бұрын
thanks for sharing knowledge
@mariobakalov9361
@mariobakalov9361 9 ай бұрын
I like the position sizing explanation, I think not many people on KZfaq explain this very wall. Thanks
@craig_percoco
@craig_percoco 9 ай бұрын
glad you liked it!
@AbrehamStutzman-yo8fs
@AbrehamStutzman-yo8fs 9 ай бұрын
My favorite thing you discussed in the video was, sticking to one strategy. I'm a college student and I've been trying to trade for a few months now on the side, but I hope to eventually be able to do it full-time. I've had several losses and one reason for that is I keep switching from one strategy to another. Instead of continuing to study one specific one and refining it I just try to find a quicker and easier way to do my trading. It was helpful seeing someone from the outside advise me to do otherwise. I'm going to try and use that advice and hopefully be able to make several profit trades off of it.
@peterwillems7317
@peterwillems7317 9 ай бұрын
Starting trading with real money was a good tip. It feels different to use the real thing. The psychology of the proces is totally different! Thanks Craig, for all the effort 👊🏻
@BastiN1111
@BastiN1111 9 ай бұрын
Craig, your video is a goldmine of wisdom for both beginners and experienced traders alike. The point that resonated with me the most is the importance of sticking to your risk/reward ratio and not taking profits too early. It's a psychological battle that I've struggled with, but your insights have given me the confidence to trust my strategy and let my trades play out. Your emphasis on focusing on one system at a time is also invaluable. It's easy to get overwhelmed with multiple strategies, but mastering one at a time is the key to consistent success. Thank you for sharing your hard-earned knowledge with us, and for being a guiding light in the world of trading. Keep up the fantastic work! 🙌🚀
@vlonee187
@vlonee187 9 ай бұрын
So, I just finished watching this video. You did drop some truth bombs! You totally shattered this myth I had about trading - you know, the idea that the more you trade, the fatter your wallet gets. Turns out, that's far from the reality. This video especially shook me up in a good way. You basically told me to trade smarter, not like a maniac. You made me realize that it's better to stick to one killer strategy rather than running after a bunch of shiny new ones. I'm feeling way more focused and disciplined now, and I think this is gonna change my trading game big time. I've latey get into trading, so this might be obvious for the more experienced traders, but for me that was a good lesson to learn. Ty Craig.
@vlonee187
@vlonee187 9 ай бұрын
+ More about the video overall, I think youre a good "teacher", because eventho english isn't my mother language. I am always able to learn something new from your videos.
@user-jh1fx6db7g
@user-jh1fx6db7g 9 ай бұрын
Hello boss Craig I liked the fact that you are totally honest and open about trades and in guiding us through each part of the video on feeding us with your mistakes that you don't want to see us do... that's a great Blessing sir.... love the way you make the analysis so easy and straightforward to the point even the lame man can understand sir Thank you 😊
@cygniusgaming439
@cygniusgaming439 9 ай бұрын
Focusing on one system has help me improve as a new trader, now I can easily keep proper account of my trader, thank you buddy you content is a s always great.
@cryptilla23
@cryptilla23 9 ай бұрын
I greatly appreciate the valuable insights shared about confirmation bias. I used to favor information that aligns with my pre-existing beliefs, often leading to skewed decision-making. It is a clear reminder to set clear criteria for trades, practice mindfulness, and continuously educate myself in trading strategies.
@aymanarnou8332
@aymanarnou8332 9 ай бұрын
The best point that you mentionned is definetly respecting your risk reward ratio... taking profits early is just simply hurting you on the long run. Great video as always!
@craig_percoco
@craig_percoco 9 ай бұрын
Glad you like it!
@kareemnajjar2440
@kareemnajjar2440 9 ай бұрын
i liked the last two points you talked about dont take profit early and the demo account.
@globalnews3915
@globalnews3915 9 ай бұрын
Craig, I am following you since last 6-7 months and you have completely changed my trading perspective and experience. I love the way you share your knowledge and explain things in a simple way. Though, I am living thousands of miles away, in Pakistan, but I pray a lot for you as you are changing lives & giving hope. I am looking forward to learning from you more. Keep up the good work bro!
@mac-fe2bb
@mac-fe2bb 9 ай бұрын
For me, the biggest problem is to put everything on one card, so if you risk 100% of your capital in a trade and only see the big profits that will never come. In addition, it was dangerous for me not to use a stop loss and to be liquidated directly in the event of major market fluctuations, which has already cost me a lot of money personally. In addition, I find it difficult to use high leverage as a beginner if you don't know much about trading yet. Otherwise, I think the video is great and you understand everything immediately
@craig_percoco
@craig_percoco 9 ай бұрын
Well said. Leverage doesn't really increase the risk on the trade so long as you're positioning your risk before increasing leverage.
@tristan7734
@tristan7734 9 ай бұрын
I watched your video twice, you have explained these steps well, and a few of things I found most interesting is emotional trading, back-testing and also studying harder than your competitors. Something I never realised in all of the videos of yous I have watched Craig is that when trading you are trading against people who have bet against your position. I find it daunting to know its a war being played, like a video game. If you watched War Games with Mathew Broderick, at the beginning he plays a games and its all innocent until he realises he is not playing a game and that people can get hurt, or in the case of crypto trading, can make someone lose a lot of money if they don't study, do the correct actions (thesis) and follow through with the system which they need to trust works with back testing. Very informative and interesting video. Thank you.
@craig_percoco
@craig_percoco 9 ай бұрын
Really well written brother. Yes, don't focus on the fact that people are battling with you, but be aware that everyone wants to take money from you in the open market so you have to play defense and offense at the same time and keep vigilant.
@vcnoxyt
@vcnoxyt 9 ай бұрын
Trading in a demo account and getting the feel and understanding marketflow, I feel what you talked about with risk is spot on. Many times I've just taken the profit and immediately focused on my next entry. I trade on a brokerage where you cannot set a stop loss if you have a take profit set (and vice versa), yeah, reading that out loud I feel like an idiot... but I had to learn first. Mitigating risk /reward is becoming evident that I need to be trading elsewhere. I've also just begun to analyze market trending and how that all impacts entries and exits; it blows my mind how much underlying logic influences market flow. In short, much of what you said feels to be true about what I am experiencing now, thanks for the share on this content!
@craig_percoco
@craig_percoco 9 ай бұрын
Well written, I agree,
@KKride
@KKride 9 ай бұрын
I alway diferciated a trade on profit or a loss, today I learned to not do it regardless of profit, because it really afects the discipline over your trading strategy, and that is my favorite part about it.
@mohamedbasil2785
@mohamedbasil2785 9 ай бұрын
Thanks for the vedio😊
@dominikpausic1235
@dominikpausic1235 9 ай бұрын
Everything, just perfect!
@iwypete
@iwypete 9 ай бұрын
Great content as always! The section on focusing on 1 system at a time was my fav and hit home for me... I'll be looking for one particular set of signals and then I'll notice something else that will remind me of a different set and head down that path without even realising sometimes! It'd be nice to be able to learn a bunch at the same time but I have to keep reminding myself to walk before running... at least until I can prove how well i can walk all these different ways first... one at a time :)
@craig_percoco
@craig_percoco 9 ай бұрын
Well written response. Thank you for your views and im glad you liked the video.
@craig_percoco
@craig_percoco 9 ай бұрын
Hey! You are Winner #1 for the Inevitrade Crypto Accelerator Course! Leave your Email below and we will reach out with info to claim! Congrats 👍
@owenss9980
@owenss9980 9 ай бұрын
Amazing video Craig! Ive been for a long time the one who tought that risking money depending on how comfortable I was feeling with my analysis was a brillant idea. Im still a begginer, and I really get a lot of value from every single video you made! Much love from Argentina man! Keep it up, you are an inspiration for all of us!
@craig_percoco
@craig_percoco 9 ай бұрын
Absolutely!
@mr.bell1525
@mr.bell1525 9 ай бұрын
Hi Craig! Really enjoy all the stuff you teach on your YT Chanel. I've been in the struggle of being profitable in trading. I feel like I'm getting close to finding my edge. My favorite topic that you mentioned in this video is about the 3:1 risk and letting your trades play out. That's probably the hardest thing for me to do, I see that I'm in the green and the close my trade way too early and the BAM!!! the trade would've played itself out. I would love to acquire the mentality you and your team has. Thanks again for all the info you guys work in giving to the trading community!
@craig_percoco
@craig_percoco 9 ай бұрын
Well written, thank you
@tijseigenhuis
@tijseigenhuis 9 ай бұрын
Im a 16 year old day trader, I just trade for 6 months now. Watched a lot of videos, read a lot of books, listen to trading podcasts and followed some courses. But im stil looking for improvement. Im a really disciplined individual with BIG goals. I would love to get acces to your course, so that I can improve my trading skills even more and show that everybody can be a profitable trader (if there consistently and keep believing in themself. Would be amazing if I can be a member of you're trading team! (Really like to see people who really want help traders to get BIG and achieve there goals)
@craig_percoco
@craig_percoco 9 ай бұрын
Keep at it man, glad you’re young and hungry
@Storm.C8
@Storm.C8 9 ай бұрын
The trade resources link is not working at the moment, I don't know if that applies to several people?
@subcryptic6026
@subcryptic6026 9 ай бұрын
Revenge trading and Not following your discipline system is Pure gamble ,Using stop loss, taking calculated risks and knowing to which point of exit the trade are differentiated trading from being gambler.Thanks for lessons brother it really helps a lot ❤️
@davidflores9125
@davidflores9125 9 ай бұрын
I found this video to be incredibly insightful, as it touched upon numerous lessons that I've personally learned through trial and error. Despite having encountered these challenges repeatedly, I still find myself making the same mistakes. However, the most valuable piece of advice you shared, which I haven't yet implemented, is the importance of keeping track of both my winnings and losses.
@craig_percoco
@craig_percoco 9 ай бұрын
Gainzzzz. Lfg
@andy08hanson
@andy08hanson 9 ай бұрын
My favorite thing you talked about was that risk:reward ratio breakdown and the indicator that does it on-chart... that's cool
@craig_percoco
@craig_percoco 9 ай бұрын
you're pretty cool
@jake-yl8dy
@jake-yl8dy 9 ай бұрын
love the content bro really helping me on the way to being profitable love you and the team MWAHH
@craig_percoco
@craig_percoco 9 ай бұрын
LFG. Love to hear it.
@joeglennjarrett
@joeglennjarrett 9 ай бұрын
Very important to stick with your calculations all the way through a trade so you can use the data to find toon your system always refine your system. One set amount per trade and scale up, use no emotions when trading
@Quicklash10
@Quicklash10 9 ай бұрын
Hey I've just been watching every free content for about 2 weeks now and was thinking of taking your course around end of August, but man if I can be the happy winner it's just too good 🎉 Cheers from France Craig
@craig_percoco
@craig_percoco 9 ай бұрын
Let's go, glad you commented. We will see sir!
@alexhuxley8390
@alexhuxley8390 9 ай бұрын
I haven't been trading crypto long and the information in your video is all good for me to put one above the rest is not easy. But back testing is a really good idea which is something I've been looking at but will be looking to your system in the future. But will be looking at more time with your videos and let my brain absorb
@billionairefaith1
@billionairefaith1 9 ай бұрын
Do you like cross vs. isolated with high leverage? I know it depends on the trade setup or coin, but in general. And in cross, you need a big wallet to buffer your trades, correct?
@craig_percoco
@craig_percoco 9 ай бұрын
Yes in cross it can use your other positions as collateral for leverage. I think it's amazing.
@GrandeFumo
@GrandeFumo 9 ай бұрын
Hi Craig, i follow you from the begin of your crypto trading "diary" on YT, thank you for the valuable content that every time you give to us. This video is something "missing" in this community, since all gurus suggest to demo trading for years but you not. That is badass!!! And i'm agree with you. That is respectable, onorable and i hope that you help a lot of people, me included, to focus on the right things. I'm not found yet my profitable system in trading but i'm still learning so, i hope that maybe this comment can be the start of my statistical profitable positioning :)). Regards from Italy, and always San Pellegrino!!!
@craig_percoco
@craig_percoco 9 ай бұрын
Glad you like it!
@j7nd7
@j7nd7 9 ай бұрын
For me, the biggest problem that I had was probably overtrading I nearly lost all of my capital because I was just revenge trading even if I knew I was going to get stopped out. For the rest this is a great video even tho I bought your course, these video’s can be a great reminder. 🙃
@theom3195
@theom3195 9 ай бұрын
Don't take profits lower than the target based on TA. That is so legit!! I've been making that mistake and therefore my 50/50 has been break even because 50 percent of my trades aren't actual profit. Thank you Craig!!!!!!
@craig_percoco
@craig_percoco 9 ай бұрын
If you're 50/50 on trades, that is the best thing to see as a beginner. Now it's about being more selective to get a bit more wins, and you're gtg.
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